(Bloomberg) -- Messaging bots developer Gupshup raised $240 million in fresh funding, the second cash injection within a few months as the startup accelerates its expansion.Fidelity Management & Research, Tiger Global and Think Investments participated as investors, the company said Wednesday in a statement. The fundraising follows a $100 million round in April -- the first in a decade -- that valued the company at $1.4 billion.Gupshup helps companies from Facebook Inc. and Amazon.com Inc. to Ci
LONDON, July 27, 2021--Citi, acting through Citibank N.A., has been appointed by PJSC Magnitogorsk Iron and Steel Works ("MMK") – one of the largest Russian iron and steel companies – to act as successor depositary bank for its Global Depositary Receipt ("GDR") program.
(Bloomberg) -- Meituan has shed more than $60 billion of its market value over two frenetic trading sessions, after Beijing unveiled sweeping reforms against private-sector companies that darkened the outlook for the world’s No 2 economy.China’s top food delivery company slid a record 18% Tuesday in Hong Kong, on top of a 14% plummet the previous day. Spreads on Meituan’s dollar bond due 2030 rose 16 basis points to 232 basis points, set for the widest on record, Bloomberg-compiled data showed.T